Energy Sector : Overweight- Oil Demand Recovery to Drive 2021 Earnings
Energy Sector : Overweight- Oil demand recovery to drive 2021 earnings. We expect bright E&P business performance from recovering crude price, and...
232 Views
SPRC: Expect Earnings Recovery in 4Q20 During Winter Season
Yesterday analyst meeting came out with a slight positive tone. We believe refinery margin to slowly improve in 4Q20 during winter. Also, the...
158 Views
SPRC: To Be Pressured by Crude Premium
Yesterday analyst meeting came out with a slight negative tone. We expect 3Q20 performance to drop QoQ as crude premium rises. Meanwhile, refinery...
298 Views
SPRC: Company’s GRM to Recover in 2Q20E
Analyst meeting held last week came out with a slight positive tone. We expect SPRC’s earnings in 2Q20E to improve QoQ, led by a huge discount in...
118 Views
SPRC: A Harsh Year for Refineries
We revise down company’s earning to the loss of Bt956m in 2020E and also trim our target price by 50% to Bt5.7 (from Bt11.6), derived from...
382 Views